Menu
Sister Sites

  • US CPI Previews

    From calculatedriskblog.com

    CPI for April will be released on Wednesday. The consensus is for 0.3% increase in CPI (up 3.4% YoY), and a 0.3% increase in core CPI (up 3.6% YoY). Here are a couple of analyst's forecasts. From BofA: For the April CPI report, we forecast headline CPI rose by 0.3% m/m. Based on our forecast, the y/y rate should tick down to 3.4%. The main factor behind our expectation for a relatively firmer headline CPI print is energy prices. Meanwhile, we expect core inflation to also print at 0.3% m/m. This would be a noticeable moderation from the 0.37% m/m 1Q average. From Goldman: We expect a 0.28% increase in April core CPI ... (full story)

  • New Comment
  •  Guest
  • | IP XX.XXX.82.133
Join FF
    • Older Stories  
    Cooling UK jobs market bolsters chances of near-term rate cut

    From think.ing.com|May 14, 2024

    The UK jobs market is cooling and that’s gradually translating into lower wage growth. This is the main takeaway from the latest UK labour market figures and is broadly consistent ...

    Powell: We’ve Seen Demand for Workers Cooling Off Pretty Substantially

    From @DBNewswire|May 14, 2024

    post: Powell: We’ve Seen Demand for Workers Cooling Off Pretty Substantially Powell: You Also See Wages Coming Down Powell: I Think That Tells You That Policy is Probably Restrictive post: Powell: Credit Has Been Tight for Some Time Powell: Credit Growth Has Been Modest post: Powell: We’re Not Sitting Around Wondering About Longer-Run Neutral When We Make Policy Today post: Powell: US Banking System Overall is in Good Shape Powell: Our Large Banks Are Strong, Well Capitalized post: POWELL: LENDING ACTIVITIES BY NONBANKS ARE GROWING VERY, VERY FAST POWELL: WE NEED TO MONITOR THAT VERY CAREFULLY POWELL: VERY FAST GROWTH IN ANYTHING RAISES FINANCIAL STABILITY CONCERNS

    Powell: Don’t Think Likely Next Move Would Be a Rate Hike

    From @DBNewswire|May 14, 2024|13 comments

    post: Powell: the Policy Rate is Restrictive Powell: Time Will Tell if We’re Sufficiently Restrictive on Policy Powell: Don’t Think Likely Next Move Would Be a Rate Hike post: Powell: Restrictive Policy May Take Longer Than Expected to Bring Inflation Down Powell: We Will Get Inflation Down to 2% post: Powell: Housing Inflation Has Been a Bit of a Puzzle Powell: Current Rent Increases Have Been Low for Some Time, Not Showing Up in Rollover Leases post: Powell: Lags Between Decline in Mkt Rates and It Showing Up Are Longer Than We Though Powell: It Should Show Up, Just a Question of When post: Powell on the April PPI: "I wouldn’t call it hot. I would call it sort of mixed." (The main readthroughs to PCE from the PPI likely offset as lower airfares and health care costs likely offset the hotter financial services subcomponent.)

  • Story Stats

  • Related Stories